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In reply to the discussion: $67,000,000,000 pissed down a rat hole [View all]A HERETIC I AM
(24,840 posts)67. Again, from the same 2010 Annual report you linked;
Page 4
PART I
ITEM 1.
BUSINESS
General
In 2010, 84% of our $45.8 billion in net sales were made to the U.S. Government, either as a prime contractor or as a subcontractor. Our U.S. Government sales were made to both Department of Defense (DoD) and non-DoD agencies. Sales to foreign governments (including foreign military sales funded, in whole or in part, by the U.S. Government) amounted to 15% of net sales in 2010. The remainder of our net sales was attributable to commercial and other customers.
I don't need a deep breath, but please explain how 36.5% equals THEIR OWN FIGURE of 84%
- definition "most" (reference M-W)
1. greatest in quantity, extent, or degree
2. the majority of
84% is MOST
As I said, this type of firm gathers the overwhelming majority of their revenue through tax dollars, both ours and other countries. There is simply no denying it.
You didn't really think their business model changed that dramatically from one single year to the next, did you?
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I'm not dissing the people that have these jobs, they need them like everyone needs jobs but
xtraxritical
Jan 2013
#49
The American Jobs Act has been languishing in Boehner's Congress for almost two years.
xtraxritical
Jan 2013
#34
My little brother just got laid off from a gov. contract as a rocket scientist
Tunkamerica
Jan 2013
#17
A 50% cut for Big War returns us to PRE-Bush levels and save every social program....
grahamhgreen
Jan 2013
#28
These companies are NOT beyond resorting to drastic measures to protect their bottom line...
Spitfire of ATJ
Jan 2013
#35
Consider how many people make a decent salary based on nothing more than stealing the product of
Egalitarian Thug
Jan 2013
#39
and they aren't even telling us the whole truth because the Pentagon(& Homeland Sec) is not audited
Fight2Win
Jan 2013
#41
KBR along with any company which has moved off shore with their companies to avoid taxes
Thinkingabout
Feb 2013
#78
A corporatist government will make sure every $ billion pissed down the MIC rat hole
indepat
Jan 2013
#48
They' huge in air traffic control, sattelites for meterological work and space
maggiesfarmer
Jan 2013
#60
LH definately doesn't make consumer products, but I believe you could purchase an air traffic
maggiesfarmer
Jan 2013
#61
Good digging. As noted, I got the $67bn figure from the OP. curious at this point where he got that
maggiesfarmer
Feb 2013
#69
I'm in huge favor of more transparency into both the bidding (or lack) process and expenditure
maggiesfarmer
Jan 2013
#65